Accounting & Audit

Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.

Jun. 21, 2023

Artificial intelligence has been the focus of significant discussion within many professions, among them accounting, tax and legal. How are these professionals facing this new technology with regards to risk and benefit? What are the perils?

Thomson Reuters, a global content and technology company, has released new research on generative AI that gauged the sentiment of professionals in legal, tax, and accounting firms in the United States, United Kingdom, and Canada. The research sought to better understand how the technology is perceived and applied within the professional services industry. The report uncovered a mix of optimism and caution in the adoption of generative AI.

“Generative AI has the capacity to disrupt and redefine the professional landscape, but it is clear from our findings that there is a trust gap with professionals,” said Steve Hasker, President and CEO, Thomson Reuters. “The future of professional work is set to be revolutionized by generative AI, and as an industry, we need to work together to find the right balance between the benefits of technology and any unintended consequences. We believe this will help our customers to first trust the transformative power of generative AI, and then harness the opportunity to shape the future of their professions.

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